Vanguard

  www.vanguard.com
  www.vanguard.com
There are newer employer reviews for Vanguard

6 people found this helpful  

Client is number one but employees are no longer valued

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Supervisor in Charlotte, NC
Current Employee - Supervisor in Charlotte, NC

I have been working at Vanguard full-time (more than 10 years)

Pros

On site benefits
Great reputation in investment community
Fair benefits
Work-life balance is a big plus
401k match and contributions are above norm

Cons

Compensation changes have dramatically reduced employee pay over last few years.
Employee 'stars' are identified early and are rushed through the promotional process as long as they behave and agree with their boss.
It seems like management has to sell their soul to stay in good graces or they get pushed out. The good managers with experience are being moved out of the way for younger 'yes sir' replacements.
HR talks the talk but division leaders push a more sinister agenda - must have good legal department.
Diversity is pushed so aggressively from entry level up to middle management (no higher for some reason) that reverse discrimination is demoralizing to the rest of the crew and diverse crew can get away with practically anything.
Pushing new ideas or not agreeing with the status quo is a death sentence to anyone's career.
Fear for future with inexperienced leaders (that look good and are politically correct) demoralizing experienced crew.

Advice to ManagementAdvice

Listen to what crews say instead of managing what they say toward what you want to hear. Compensation or lack thereof will soon bite you in the quality of service from IT and from your client associates.

Doesn't Recommend
Neutral Outlook
Disapproves of CEO

747 Other Employee Reviews for Vanguard (View Most Recent)

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  1. 1 person found this helpful  

    Very conservative company - keep a lot of things in the black box

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accountant in Malvern, PA
    Former Employee - Accountant in Malvern, PA

    I worked at Vanguard full-time (more than an year)

    Pros

    Big company with a lot of departments. Employee get a lot of re-rotation opportunity.

    Cons

    Low promotion opportunity with big company and overall the salary is lower than the competition.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 3 people found this helpful  

    Excellent employee community, amazing training, poor pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Associate - Investment Professional in Charlotte, NC
    Current Employee - Customer Service Associate - Investment Professional in Charlotte, NC

    I have been working at Vanguard full-time (more than an year)

    Pros

    Co-workers are great, work life balance really good, start off with plenty of time off, provide excellent benefits: health and continuing education. Can help with jump starting career

    Cons

    Poor pay - a known fact, takes years to move up within company, glass cleaning within co for many roles, average tenure is approximately 10 yrs., very slow adopters of new technology, no incentive to produce internal change.

    Advice to ManagementAdvice

    Change out old "tenured" managers.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Vanguard

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